Saved Domicile State Business income Required Information [The following information applies to the questions displayed below.] Sharon Incorporated is headquartered in State X and owns 100 percent of Carol Corporation, Josey Corporation, a Janice Corporation, which form a single unitary group. Assume sales operations are within the solicitation bounds Public Law 86-272. Each of the corporations has operations in the following states: Dividend income Carol Sharon Janice Incorporated Corporation Corporation State X State 2 (throwback) (throwback) (nonthrowback) (nonthrowback) $ 1,000 $ 200 State Y Josey Corporation State Z $ 300 50,000. 30,000 Sales: State X 10,000 $ 500 10,000 70,000 10,000 10,000 Sales: State Y 10,000 40,000 5,000 Sales: State Z 20,000 20,000 Sales: State A 10,000 20,000 Sales: State B 10,000 10,000 Property: State X 50,000 20,000 10,000 Property: State Y 80,000 Property: State 2 25,000 20,000 Property: State A 50,000 Payroll: State X 10,000 10,000 Payroll: State Y 40,000 Payroll: State 2 3,000 Payroll: State A 10,000 10,000 Compute the following for State X assuming a tax rate of 15 percent. (Use an equally weighted three-factor apportionment. Round all apportionment factors to 4 decimal places. Round other answers to the nearest who amount. Leave no answer blank. Enter zero If applicable.) b. Calculate the business income apportioned to State X. State X Business Income < Prev 3 8 m 4 of 4